🚨Yesterday, the Singapore bank stocks experienced heavy selling, with OCBC losing as much as 4.4% intraday, while DBS and UOB both closed 2% lower This morning, all three banks have opened in the red ( $OCBC Bank(O39.SI)$ -0.6%; $DBS(D05.SI)$ -0.9%; $UOB(U11.SI)$ -0.3%) as of 935AM, suggesting that the selling ahead of this week's earnings season may be slowing down The apparent "de-risking" ahead of this week's earnings, starting with UOB tomorrow, DBS on Wed and OCBC on Thurs, may be due to recent headlines on net interest margin and wealth fee momentum concerns for all three banks given rate hike worries 📊In terms of valuation, UOB is currently the most

1⃣ $Wilmar Intl(F34.SI)$ : Wilmar shares continue to rank amongst this week's worst performing stocks on the Straits Times Index after opening down another 3.1% to $3.17 this morning 🚨The stock is now down 5% for the week and -12% for the month According to The Straits Times, Wilmar reported a 25.2% fall in third-quarter core net profit to USD 267.3 million (SGD 342.8 million), as weaker performance in its food and feed and industrial products segments weighed, while it expects operating challenges to persist  Its top segment was impacted by weaker soya bean crushing margins, while higher raw material cost weighed on its food products segment Nevertheless, Wilmar remains “cautiously optimistic” that its performance for the rest of the year

Sliding 14% over the past month, $Wilmar Intl(F34.SI)$ shares are currently trading at a 14-day Relative Strength Index (RSI) of 26.6 - an oversold level and the lowest RSI the stock has seen in 6 years According to Bloomberg, Wilmar shares have risen an average of 6.1% in the next 20 days whenever the RSI of the shares fell under 30 in the past 12 months Apart from the RSI, other technical indicators suggesting that the shares are oversold include the Bollinger Band - with Wilmar trading on the lower end of the band Wilmar had started this year on a bright note, rallying 33% from $3.05 to $4.02 in early April  The exuberance quickly faded thereafter following an Indonesian probe in May (Yahoo Finance), and earnings miss in its first quarte

Warrant investors may wish to note that our HSI warrants are tracking the $Hang Seng Index - Nov 2026(HSI2611)$ futures contract from today

$SMIC(00981)$ shares listed on the Hong Kong Exchange has lost 16% this month alone, taking its decline from its May 2026 peak of HKD 93 to a jaw-dropping -45% With its close at HKD 51.20 yesterday, the stock is now trading just 3% above its 52-week low of HKD 49.32 on 30 Mar 2026 The RSI, which fell below 30 on Oct 13 (oversold signal), has remained depressed According to Bloomberg, the stock has historically risen an average of 25% in the 20 days following such signals across 4 occurrences in the past 12 months SMIC's share price rout this month follows the souring sentiment in AI shares, as reflected in the share price plunge of a data centre infrastructure company Elice which tumbled as much as 38% in its IPO debut on the Korean KOSDAQ exchan

$SembInd MBeCW270329(9HPW.SI)$ While the Singapore stock market has been under pressure during October's correction, $Sembcorp Ind(U96.SI)$ has shown encouraging resilience. Veteran trader Alex Low believes Sembcorp's biggest catalyst is a potential earnings recovery in 2H2026, driven by the completed Alinta Energy acquisition, improving Singapore power operations and a possible India IPO.  With management expecting 2H2026 earnings to exceed 1H2026, Alex wonders if this is the beginning of a stronger recovery  Read Alex's post which was originally posted on 15 October 2026: *This post is paid for by Macquarie Warrants Singapore. Alex’s view does not represent that of Macquarie’s Alex Low: a

Warrant investors please note: the Hong Kong market is shut next Monday, there will be no market making for Hong Kong stock and index warrants

As of the morning close at 12PM, Macquarie's index put warrants tracking the Nikkei225, Hang Seng Index and Nasdaq-100 are amongst the top warrant gainers with gains of up to 82% while index calls are down as much as 60% given today's broad market sell off 🚨Notably, the Nikkei225 is leading the Asian sell off, tumbling 4.7% to 64,970 as of 111PM, and had closed at the session low of 64,240 at 12PM ✴Nikkei put warrant WZTW (https://warrants.com.sg/tools/livematrix/WZTW) which is up 49% to SGD 0.142 as of 111PM, is seeing investors sell back 530K warrants The Asian sell off follows the overnight US market fall ass three headwinds converge 3⃣Namely, the unwinding of the global AI trade, the overnight US CPI which was higher than expected which has revived odds of a US Fed rate hike this month

See how the warrants move alongside their underlyings: DBS call $DBS MB eCW270329(UCXW.SI)$ : https://warrants.com.sg/tools/livematrix/UCXW SATS call $SATS MB eCW270329(EWRW.SI)$ : https://warrants.com.sg/tools/livematrix/EWRW Seatrium call $Seatrium MB eCW270329(RMHW.SI)$ : https://warrants.com.sg/tools/livematrix/RMHW Tencent call $TencentMBeCW270504(X6SW.SI)$ : https://warrants.com.sg/tools/livematrix/X6SW UOB call $UOB MB eCW270329(SNXW.SI)$ : https://warrants.com.sg/tools/livematrix/SNXW

See how the warrant $OCBC Bk MB eCW270329(UUDW.SI)$ moves alongside $OCBC Bank(O39.SI)$ shares:

$NKY 78000MBeCW270312(QZQW.SI)$ $NKY 57000MBePW270312(VT9W.SI)$ 💫The $Nikkei 225 Index(N225.JP)$ has delivered one of the strongest major index performances globally over the past year, up +49.9% on a total return basis 📈The index traded above the 70,000 level this week on Tuesday, sitting roughly 3% below its all time record high of 72,832 on 22 June 2026 💨Recent index catalysts include this week's global AI and semiconductor rally, the yen's weakness past 158 against the USD which led Japan's currency official to warn against further depreciation and finally, the Bank of Japan rate hike announcement on 30 October where the market is still largely expec

$OCBC Bank(O39.SI)$ shares suffered its biggest one-day percentage fall since April 2025, falling a 5.9% tumble. Separately, Citi downgraded OCBC to "sell" on 6 October with a $27.50 target, citing flat 3Q earnings and a softer CET1 ratio(13.3%, down 70bps q-o-q) as risks to the stock's re-rating. However, not all brokers share this view, with some maintaining a more positive outlook and continuing to rank OCBC among their top picks *This article is paid for by Macquarie Warrants Singapore. Binni’s view does not represent that of Macquarie’s Citi downgraded OCBC to "sell" on 6 October with a $27.50 target, flagging flat 3Q earnings and a softer CET1 ratio (13.3%, down 70bps q-o-q) as risks to the stock's re-rating. Citi also pointed out OCBC's P

1⃣Yesterday, the company repurchased HKD 100.4 million shares as part of its buy back programme Tencent currently leads all Hong Kong listed companies in buybacks, with HKD 2.21 billion worth of shares being bought as of September 2026, according to Bloomberg 2⃣Secondly, DeepSeek - of which Tencent is one of the largest investors, is reportedly close to securing at least RMB 80 billion (USD 12 billion) in its latest funding round, blowing past its initial RMB 50 billion target for its planned 2027 IPO 💨Finally, the Huawei-Qualcomm licensing pact signed on 5 October - the first such pact between the two companies covering 5G technology that allows both companies access to each other's patent portfolios, is also providing a broader AI rerating tailwind for Chinese hyper-scalers including Ten

📈 $Keppel(BN4.SI)$ shares had been on a relentless, 7-day winning streak from 21 to 29 September, driven by news that it was in advanced talks with StarHub on a potential deal for M1 ✍While the stock has given back almost all gains since, on the back of a global sell-off, Macquarie Research (MQ) maintains its target price of $12.87 on the share, especially after Keppel held its annual technology forum NEXT earlier this week on Tuesday 29 September 👀Read more to find out the rationale for MQ’s view, as well as important disclaimers: What’s new Keppel (KEP) held its annual technology forum, NEXT, on 29 September. The event was open to public equity buy-side investors for the first time. Why it matters This year's event was decidedly a broader disc

🇨🇳On Monday, China’s State Council, chaired by Premier Li Qiang, pledged to strengthen counter-cyclical macro policy adjustments in response to emerging economic challenges and soft growth in Q3 🔛The policy follow-through has been immediate 📢Yesterday, China cut the rate on its 1-year pledged supplementary lending (PSL) - which offers cheap funding to the country’s policy banks to finance investment - by 25 basis points, while the rate on one-year PSL will be cut to 1.5% from 1.75% They also announced an interest subsidy for residential mortgages targeting first-time buyers, an annual interest subsidy of one percentage point for up to five years for eligible mortgages up to RMB1 million - targeting lower-tier cities and affordable properties All measures are effective from tomorrow, and is

Trending HSI call warrant $HSI 26800MBeCW261127(JEBW.SI)$ Trending HSI put warrant $HSI 22600MBePW261127(ZH5W.SI)$ *Trending warrants refer to those with the tightest spreads and highest liquidity

On 8 Sep, Yangzijiang shares pushed to a fresh all-time high, with trading volume in the early afternoon already exceeding the 10-day average volume This brings the stock’s rally since its 1H26 results on 6 August to 31%. Consequently, Macquarie’s Yangzijiang call warrants have rallied as much as 257% from 6 August to 8 September (note: there are no put warrants available) Market Technican Binni Ong believes that the combination of a new high on above-average volume points to strong underlying momentum, especially given that the stock has broken out of the upward sloping channel that has guided the stock higher since March 2026 Binni shares the stock levels to watch out for from here, as well as when the bullish structure will be invalidated *This article is sponsored by Macquarie Warrants

Today is the last day of trading for 11 call and put warrants tracking the Hang Seng Index expiring on 29 Sep 2026 What if you are still holding onto these warrants after today? What do you have to do? Read more: https://www.warrants.com.sg/marketnews/highlight/todayhighlight/7946

Will China A-shares see big moves as we near Trump-Xi Summit? New ChinaA50 warrants now available!   The iShares FTSE China A50 ETF (2823 HK) is a Hong Kong-listed ETF that aims to track the FTSE China A50 Index — a benchmark of the 50 largest companies listed on the Shanghai and Shenzhen stock exchanges   Top 10 stocks on the ETF include Kweichow Moutai, CATL, Zhongji Innolight and China Merchants Bank   The ChinaA50 ETF traded to a one year high of HKD 18.16 on 3 Jun as it rebounded off its one year low of HKD 15.48 on 9 Mar   Despite Chinese listed companies reporting their best profit growth in five years - CSI 300 constituents posted +25.7% earnings growth in 2Q26, this has not translated into a sustained market rally given the weak economic backdrop and uncertaint